February 26, 2022 Comment off

What impact do you feel these technologies will have on society in the future

1. Read sections “3. Division of Labor” and section “5. Effects of Division of Labor” from (https://mises.org/library/human-action-0) (1949) by Ludwig von Mises focusing on his thoughts on mechanization. (Note: You should go to Part Two, Chapter VIII, Section 3 [page 157 to 158] and Section 5 [page 163 to 164.])2. Then read Why Are There Still So Many Jobs? The History and Future of Workplace Automation (https://www.aeaweb.org/articles?id=10.1257/jep.29.3.3) (2015) by David H. Autor, Journal of Economic Perspectives.3. Write a paragraph (no less than 100 words, and no more than 200 words) explaining how the development of technologies like artificial intelligence and advanced robotics fit into Adam Smith’s and von Mises’ idea of division of labor (1 pt). What impact do you feel these technologies will have on society in the future (1 pt)?4. Reflect on readings. Identify a driving force that advances energy technologies, using an example in the history (2 pt).